On July 14th, ChemChina and the People's Procuratorate of Haidian District, Beijing signed two agreements on the prevention of in-service crimes and joint supervision of construction projects.
After close communication and consultation, ChemChina and the district procuratorate reached a broad consensus in mutual cooperation on project supervision, case investigation, admonition education, etc., with a view to eliminate possible irregularities in project management. The watchdog would get involved in the prevention and investigation of any in-service crimes either associated with new construction projects or identified in day-to-day corporate governance. In addition, the procuratorate would work with ChemChina in carrying out various educational activities and assist the company in developing mechanisms for project tendering, bulk materials procurement, etc.
The meeting was witnessed by an audience of more than 50 senior company executives and directors and project managers.